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GST on sale of scrap
My company wants to sell furniture as scrap to a scrap dealer having no gst registration. I would like to know the applicability of gst in this case.
Replies (4)
If your company is registered under GST, then gst would be applicable inspite of have whether the recepient is unregistered.
Yes GST Applicable .
Wooden scrap tax at 5%, HSN 4401, entry 198, notification 1/2017-CGST(rate) schedule I.
Yes GST is Applicable @ 5%
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